Los Angeles housing market

Buyer's marketLos Angeles, CA metro areaData through Sep 2026
Typical home value
$950K
▲ 1.3% 1 yr
Typical rent
$2,929/mo
▲ 1.8% 1 yr
12-month forecast
+1.9%
#284 of 546 metros
Gross rent yield
3.7%
#530 of 546 · U.S. 6.3%
Days to pending
50 days
■ 0 days 1 yr
Listings with a price cut
24%
▲ +0.6 pts 1 yr

Key takeaways

  • 1The typical home is worth $950,020, up 1.3% in a year and up 19% over five years.
  • 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $2,929/mo (+1.8% YoY), a 3.7% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $5,221/mo in principal and interest, $2,292 more than renting.
  • 5Homes go under contract in 50 days (0 days vs last year); 24% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 39/100, #288 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $950K
$551K$678K$806K$933K2016201920222025
Typical monthly rent
Latest $2,929
$2,013$2,297$2,581$2,8652016201920222025

How fast homes are selling

Days to go under contract
Latest 50
2134476020182020202220242026
Share of listings with a price cut
Latest 24.4%
8.6%14.2%19.7%25.3%20182020202220242026
Homes for sale vs new listings
Latest 26,407
For saleNew listings
5,96113,89021,81829,74720182020202220242026
Share of homes sold above list price
Latest 39.8%
31.5%45.0%58.5%72.1%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $245K
To buy (20% down)To rent
$89K$139K$189K$239K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Los Angeles compares

MeasureLos AngelesUnited StatesRank of 546
Home value, 1-yr change+1.3%+1.2%#346
Home value, 5-yr change+19.2%+19.7%
12-month forecast+1.9%+1.1%#284
Rent, 1-yr change+1.8%+2.7%#427
Gross rent yield3.7%6.3%#530
Price-to-rent ratio27.015.8
Mortgage P&I on typical home$5,221$2,012
Income needed to buy$245,483$100,902
Days to pending5056

Cities in the Los Angeles metro

99 cities with home value and rent data.

Los Angeles$928K▼ 0.5%$2,772▲ 0.8%3.6%
Long Beach$852K▲ 2.4%$2,412▲ 2.5%3.4%
Anaheim$942K▲ 3.1%$2,755▲ 2.6%3.5%
Santa Ana$859K▲ 3.7%$2,820▲ 2.0%3.9%
Irvine$1.48M▼ 1.9%$3,604▲ 1.7%2.9%
Santa Clarita$786K▼ 0.8%$2,783▼ 0.1%4.2%
Glendale$1.17M▲ 1.4%$2,765■ 0.0%2.8%
Lancaster$461K▼ 0.7%$2,460▲ 0.9%6.4%
Huntington Beach$1.34M▲ 5.6%$3,105▲ 4.0%2.8%
Whittier$815K▲ 1.6%$2,402▲ 0.9%3.5%
Palmdale$499K■ 0.0%$2,780▲ 2.4%6.7%
Garden Grove$1M▲ 4.8%$2,703▲ 4.0%3.2%
Pomona$674K▼ 0.4%$2,319▲ 1.6%4.1%
Pasadena$1.19M▲ 0.7%$3,010▲ 1.4%3.0%
Torrance$1.1M▲ 1.9%$3,006▲ 3.5%3.3%
Fullerton$1.04M▲ 3.0%$2,888▲ 3.4%3.3%
Orange$1.12M▲ 3.0%$3,037▲ 3.7%3.3%
Compton$638K▲ 2.6%$2,315▲ 4.0%4.4%
Inglewood$751K▲ 1.8%$2,487▲ 0.6%4.0%
East Los Angeles$671K▲ 0.1%$2,125▲ 6.9%3.8%
Costa Mesa$1.42M▲ 6.4%$3,121▲ 3.2%2.6%
Downey$880K▲ 2.3%$2,257▲ 2.7%3.1%
El Monte$752K▲ 0.9%$2,451▲ 1.4%3.9%
West Covina$835K▲ 0.7%$2,552▲ 1.6%3.7%
Burbank$1.17M▲ 0.2%$2,752▲ 1.3%2.8%
Norwalk$754K▲ 1.5%$2,662▲ 1.6%4.2%
Mission Viejo$1.2M▲ 2.9%$3,190▲ 8.2%3.2%
Hawthorne$863K▲ 1.6%$2,151▲ 2.3%3.0%
South Gate$697K▲ 2.0%$2,291▲ 0.2%3.9%
Santa Monica$1.66M▲ 1.7%$3,516▲ 1.5%2.5%
Westminster$1.09M▲ 5.5%$2,851▲ 5.3%3.1%
Newport Beach$3.71M▲ 10.1%$4,364▲ 7.1%1.4%
Buena Park$929K▲ 2.8%$2,590▲ 1.5%3.3%
Covina$791K▲ 0.8%$2,598▲ 3.1%3.9%
Alhambra$911K▲ 1.3%$2,645▲ 0.1%3.5%
Carson$787K▲ 1.1%$2,909▲ 1.7%4.4%
Lakewood$872K▲ 2.6%$3,401▲ 5.7%4.7%
Tustin$1.15M▲ 0.5%$3,229▲ 1.3%3.4%
Lake Forest$1.17M▲ 1.3%$3,166▲ 3.3%3.2%
Bellflower$793K▲ 1.8%$2,221▲ 1.9%3.4%
Yorba Linda$1.4M▲ 3.4%$3,870▲ 2.6%3.3%
Redondo Beach$1.47M▲ 2.4%$3,483▲ 2.7%2.8%
Arcadia$1.38M▲ 1.6%$3,412▲ 2.2%3.0%
Lynwood$687K▲ 3.0%$2,045▲ 6.4%3.6%
Laguna Niguel$1.49M▲ 5.0%$3,343▲ 6.8%2.7%
San Gabriel$1.09M▲ 2.7%$2,706▲ 3.0%3.0%
Montebello$818K▲ 1.4%$2,837▲ 3.7%4.2%
La Habra$901K▲ 2.4%$2,753▲ 2.2%3.7%
San Clemente$1.75M▲ 5.9%$3,411▲ 5.0%2.3%
Gardena$780K▲ 2.2%$2,334▲ 2.7%3.6%
Azusa$706K▲ 0.4%$2,532▲ 1.9%4.3%
Monterey Park$910K▲ 1.5%$2,638▲ 1.6%3.5%
Rosemead$890K▲ 0.8%$2,755■ 0.0%3.7%
Fountain Valley$1.38M▲ 6.0%$2,998▲ 6.0%2.6%
Glendora$880K▲ 0.7%$2,950▲ 0.9%4.0%
Hacienda Heights$942K▲ 2.0%$3,538▲ 0.2%4.5%
Paramount$648K▲ 2.1%$2,806▲ 2.3%5.2%
Placentia$1.1M▲ 3.0%$2,882▲ 3.5%3.1%
Cypress$1.07M▲ 4.0%$3,015▲ 5.2%3.4%
Diamond Bar$1M▲ 1.3%$3,294▲ 3.2%3.9%

Run the numbers

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Other California metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.